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To: robert b furman who wrote (6767)4/2/2001 10:43:27 PM
From: bobby beara  Read Replies (1) | Respond to of 8925
 
The dopes are also running out of business the small undercapitalized inefficient small businesses<<<

bobby, i believe this is also late cycle.

Entrepreneurship will garner in the next up cycle, and not the kind that is backed by boodles of venture capital hot muny, the jobs and wozniak garage model may be start the next upcycle, that will be at a time when most people hate stocks, just like they did when jobs, woz, gates, grove, were hungry kids with a dream.



To: robert b furman who wrote (6767)4/2/2001 11:41:39 PM
From: Michael Watkins  Respond to of 8925
 
The reality is more people are working than ever before.

Yes I think that perception is still one of 'soft landing', and who knows it may come to pass.

But the following is ominous:

contraryinvestor.com

As traders or prudent investors, we should make sure we respect price first and foremost. After all, price and the profit we extract is what we are measured on, not our opinions. Opinions can be wrong from time to time, price will always be 'right'...


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